Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook. Growth is projected to pick up to 3.4 percent in 2020 (a 0.2 percentage point downward revision compared with April), reflecting primarily a projected improvement in economic performance … Continue reading “IMF Says Growth Weakening”
Formal Show starts at 34:17 Latest DFA scenarios for October 2019.
The RBA minutes for October are decidedly bearish, clearly the battery in their rose-tinted specs as run down, revealing the mounting risks in the economy. Probably more risks ahead, more cuts and the proverbial QE in some form… International Economic Conditions Members commenced their discussion of global economic conditions by noting that heightened policy uncertainty … Continue reading “RBA Rose Tinted Specs On The Blink”
Yesterday, the government announced the ACCC will be conducting an inquiry into home loan pricing, investigating how lenders set their rates, why they often fail to pass through RBA rate cuts to borrowers in full, and the barriers that may be preventing consumers from switching to cheaper options on the market. Via AustralianBroker. Over the … Continue reading “Industry responds to ACCC inquiry into home lending”
The Australian Prudential Regulation Authority (APRA) has launched a review of the capital treatment of authorised deposit-taking institutions’ (ADIs’) investments in their banking and insurance subsidiaries. It is open for consultation until 31 January 2020. APRA intends to finalise the changes to the Prudential Standard in early 2020 with the updated Prudential Standard to come … Continue reading “APRA On Changes To Capital For NZ Subsidiaries”
Scheduled for Tuesday 15th October 20:00 Sydney.
We spent today in Sydney presenting our analysis to fund managers and hedge funds. We reviewed our latest household surveys, and discussed the evolving property market. This is a summary of our day. October Live Stream Event Tomorrow (Tuesday):
Yet another inquiry has been announced into mortgage pricing as the ACCC is tasked to examine the banks failure to pass on in full official interest rate cuts engineered by the central bank. The ACCC’s preliminary report is due by 30 March next year, six months before the final report. Beyond the crocodile tears, there … Continue reading “ACCC Tasked (Again) To Look At Mortgage Pricing”
Property expert Joe Wilkes and I discuss the latest moves in monetary policy, and consider the consequences for those approaching retirement. See also our earlier post: The Baby Boomer Time Bomb.
Property expert Joe Wilkes and I discuss the latest moves in monetary policy, and consider the consequences for those approaching retirement. See also our earlier post: The Baby Boomer Time Bomb